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This is such a weird comment, the article is posted without commentary, and describe a very simple fact. How does you go from that to "hn is out of touch"... A
by nolok 10mo ago
This is such a weird comment, the article is posted without commentary, and describe a very simple fact. How does you go from that to "hn is out of touch"...
As an aside, while alcohol will definitely remain a staple of sales, it's declining in several key sector. Even here in France. Which is also something we should be happy about, despite the obvious economic woes to be faced from that change.
- stonogo 10mo agoBut demand isn't really dropping for spirits -- it's only dropping for midrange and low-end stuff like Jim Beam.
- zbentley 10mo ago> midrange and low-end stuff Which is the vast majority of spirits consumed (by unit volume and total revenue earned), no? Like, if high-end stuff is all that sells while the consumer base is plummeting over the statistical cliff of earning power and spending money reduction, that doesn’t add up to good prospects for luxury industries like that of high-end alcohol.
- notKilgoreTrout 10mo agoThe numbers look really odd with scotch and bourbon being down but the whiskey industry itself being slightly up. I'd guess more people are drinking local brands with no tariffs. That makes a down affect for the countries that were exporting.